On April 28, 2026, the Kraken exchange announced the token listing $PROS – a native asset of the Pharos Network. On the same day, it also appeared on KuCoin, MEXC and Bitget. The simultaneous debut on four stock exchanges is a signal that the project did not come quietly.
What exactly is Pharos?
The project was founded by former blockchain leaders from Ant Financial and Alibaba, and its goal is to create the best chain for RWA (Real World Assets) and enterprise-class DeFi – with a capacity of up to 50,000. transactions per second.
Architecture that makes sense
Pharos combines modular architecture, deep parallel execution, and built-in regulatory compliance to power native asset ecosystems. Built-in compliance at the protocol level is an element that distinguishes it from the general use of blockchains and directly opens the door to traditional financial institutions.
Pharos Network has completed a Series A round worth USD 44 million, which together with the earlier seed round ($8 million) brings total funding to USD 52 million. Behind the project are Hack VC, Faction VC and investors from the traditional financial market.
The total supply of the PROS token is 1 billion pieces. Allocations include 16% to Foundation Treasury and 9% to Lab Co. Treasury, and the team and investors are subject to a 12-month lock-up. The public sale assumed raising USD 1 million at a price of USD 1 per token – i.e. 0.1% of the total supply.
The ecosystem is growing
Prior to its mainnet debut, Pharos launched a pre-deposit campaign for the RWA stablecoin with a 14-16% return over 100 days and quickly reached the staking cap of $50 million in TVL. Asseto Finance has entered into a partnership with Pharos Network, integrating the tokenization platform with the EVM-compatible Layer 1 blockchain to improve the flow of RWA assets.
Pharos is not just another project looking for a narrative. It is building infrastructure for finance that does not exist yet, but according to all signs, will come sooner than we think.
